Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 16.4% in the 4th quarter, Holdings Channel reports. The firm owned 21,077 shares of the conglomerate’s stock after acquiring an additional 2,970 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Honeywell International were worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter worth $29,000. Financial Avengers Inc. lifted its holdings in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Planning Capital Management Corp boosted its holdings in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Honeywell International in the 3rd quarter worth $41,000. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on HON shares. Bank of America lifted their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Citigroup raised their price objective on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Wells Fargo & Company lowered their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, Jefferies Financial Group increased their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $248.21.

Honeywell International Stock Up 0.4 %

HON stock traded up $0.87 during trading hours on Monday, reaching $219.06. 329,513 shares of the stock were exchanged, compared to its average volume of 2,649,972. The company has a market cap of $142.44 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.85 and a beta of 1.06. The firm’s 50-day moving average is $226.40 and its 200-day moving average is $214.20. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.